埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 2773|回复: 0

[其他] Interesting article about Oil

[复制链接]
鲜花(0) 鸡蛋(0)
发表于 2009-1-13 18:58 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
--------------------------------------------------------------------------------' n* T' v  a- n+ [% e" R& y) @
Below is an Interesting article I found, which says that.....Do not & c( \% n, A( {- G+ p
expect much from Crude Oil producers and future is not with the
$ \+ K0 ~8 K+ b4 ~1 Hcompanies producing Jet fuels but Biofuels. Also no wonder if some of
! t- Q9 K# p6 }  Y' Q9 T# M  fthese oil producer will go bankrupt or out of the business even if # l; I& ]3 C; f% u4 D/ Q
crude prices improves. This implies also to good names such as Shell,
! F+ R( C7 m* u  PEXXON, BG, BP, Cheveron ....xyz.. oils . O: _- N0 Z% J6 u5 h2 f: Q3 |- Q# B
4 \" E1 ~" g; P
Recently OPEC reduced crude oil production twice over just a few
- n0 f& t, u/ _! ?8 O3 emonths. There are three wars going on in Gaza, Iraq and Afghandistan.
+ y1 m$ @- X+ Y; L7 V! GA year ago these things would have spiked the price of crude oil by at
% ^9 J4 `( C5 @  oleast $50.00 per barrel. Today, oil price declined by a record amount. 8 w* f: L7 _: P3 P) I

1 x) \' J$ d6 B' R' w. d
' \  c7 {8 j" K# y1 l+ BThere are several reasons the price of oil is decreasing in the face 3 b6 t* W# g' J* T8 N
of so much news. These reasons are:
; v- n1 k7 u- ^, U" N' F: R* [4 d; w/ J4 v

. q5 b' ~9 t7 C; i  N; M1. New oil has been found in Canada, Montana, North & South Dakota and 9 n& A( q2 S0 V2 H8 H4 A
in the ocean near Brazil. Each of these oil fields has more oil than
5 v" t  H! H+ {  c3 wArabia. ) b9 c7 ?2 @% B( Q
5 y. D2 k: T3 J3 l5 o  u* d

) L$ z, a4 B+ u3 W* e2. New natural gas has been found in Pennsylvania and West Virginia.
( F+ e3 y+ n$ a2 f1 rThis is the largest find in North America. & Y" e% x" |& J9 U
8 \# B6 D) X" {" `3 l
+ \8 _( h. ~$ J! B" H: `2 g- t
3. New methods of injecting CO2 and surfactants into oil wells is $ o4 V+ x# {& G8 t+ E- K9 l0 H' T; _; y
being used to double their output.
8 y( z. `# N1 N
' l# Y3 Y9 V/ j+ _6 O2 c+ {/ V' J4 Y& l! @9 T6 K
4. Production of bio-fuels is beginning to reach critical mass. Bio & G+ b. _- `$ R' M; ?
fuel is being produced from many plants and algae. The production * z( Y$ o: B9 T+ N7 s
potential per acre in some cases is astounding. Many countries are
5 R* C$ o# E7 u: Q& r# J+ ]* eracing to produce bio fuels.
- o( E, K+ W* Z7 t' Z! B9 [5 j
. A& s' X/ U" @: \; ?* M5 e0 d- S: K+ |" u4 \+ q: ]
5. Virtually every restaurant in the US and all food processing plants
5 P; D  b& Q! R( a4 bare now selling their used oil to bio-diesel producers. Every pork, 9 ^% t5 [* t+ V: y
cattle, turkey and chicken processing plant will soon sell their fat 7 v' d2 Q$ w: u. w( _
to bio-diesel producers. One pork processing plant in Oklahoma is
& Z- Y1 r5 F9 _& O, Y! h/ |- s2 ?producing 30,000 gallons of bio-diesel per day from pork fat.
: O: m" t* {, ~/ J4 G; ~
% k5 O' s( x" X+ t( J
! C  c4 p# ^' y. c8 h8 o6. There are 99 nuclear reactors in various stages of planning and ( ^5 ]1 H, O/ [& L
construction around the world at this time. Several hundred more are
' i4 M6 e( ~: D8 \% fexpected to be built in the future. Much of the energy they produce 8 j- r) q6 W) ~: H
will replace oil. 4 N& C3 T0 v! j2 r$ g
' \/ j: M2 z% u+ G2 c

8 x: w  ^4 o, ], L* Z7. Every company in any form of transportaion business is replacing - p" ^* t9 P+ {  L; ^
older equipment such as trucks, airplanes, train engines, ships, etc.
5 H: X! l, y. L3 lwith new more fuel efficient equipment. Airlines and railway companies % |  [/ |$ s* ~. f. f# e0 D7 x4 i+ s
are experiencing 20% to 25% better fuel econony with the new 4 o& j! _4 ]) S7 ?# K$ R# P
equipment. # A  Z" b! Y- t+ y; Y& l

2 E; G( u8 W' {) V& f9 M/ b2 ~+ b$ [0 `9 f0 ?
Airlines are flying airplanes with bio-fuel. They are finding the bio- 7 _0 Y$ |9 p& F2 P$ Z) Z
fuel is cleaner and performs better than jet fuel. 0 l$ b3 u6 y# m8 g2 t( m1 b
0 V5 @9 z3 U' c6 W4 c

+ w1 w0 S$ l( L0 ]: y9 l8. Cities and counties throughout the US are selling the rights to 6 c1 n: t/ @# o- i9 Q
capture methane gas from landfills. This is a huge source of gas 5 O' ~4 T; g4 h1 R
available at very little cost or risk. The gas is displacing crude 8 s: Y# h. |0 i9 T; Y" G% |
oil.   f# U( Z/ r6 Z4 G. D
2 C" A' O8 R: D/ R+ t3 L7 ~. }
: e% l: O- j; l
9. Coal is being transformed into a clean burning liquid fuel. The CO2
- k) @; G8 m# t$ lproduced as a byproduct is sold to oil companies for injection into % d: y* h5 X" x  _. e
oil wells.
' j7 \7 j5 i3 p9 K. V7 k; ?, |5 d$ ]6 }2 |7 C& ^& T& B
. j+ C+ `! b; X9 M
10. Solar, wind and ocean energy is displacing oil as an energy
- _& L7 x5 t: K( p3 qsource. Three new wind turbines are being erected every day in the US. : h" g* ?* X+ O
  S/ u0 N* O$ F

' L! o% f1 m5 I2 H# X0 yEach of the above by itself will not make a large difference in the
2 u/ Y+ D5 |6 ]) t* ?& H- \price of crude oil but the sum of all of them together is world
* ]& c) E3 v$ C. |$ Fchanging. The important thing is that OPEC no longer has the ability
& L4 z, @: G+ O: S! ~8 |1 X, Jto control oil prices.
6 x& j7 a5 b- D' t8 w( Q7 _) a; @# i& ~/ G4 H
$ x$ e, w4 s+ {( a3 t; D
With the above scenario, I still believe that there are under 5 `! t9 i! V4 M  W/ l9 S) K
performed OIL companies and probably they are yet to get the justified
0 \4 q: O4 k4 O8 U9 _value .....
" [8 X6 d. y; g" g% ~" z7 m# Z3 \IAE- Ithaca , EPL Energy Partners Ltd, Opti etc ... ! E" I2 s, J# f0 A3 R$ [+ H
9 O7 B6 @! v7 b4 K/ k" U

& L' G0 {4 I  e$ WThe above articles are from WSJ .............PUBLISHED ON 9TH JAN 9 n" S+ D2 Q9 }4 N% C
2009 ... FYI-Only
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-8-6 12:29 , Processed in 0.104527 second(s), 10 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表